Editor’s Note: Related tickers: Virgin Media Inc. (NASDAQ:VMED), Tiffany & Co. (NYSE:TIF), B/E Aerospace Inc (NASDAQ:BEAV), Anadarko Petroleum Corporation (NYSE:APC), Thermo Fisher Scientific Inc. (NYSE:TMO).
Several weeks after the end of each quarter, hedge funds and other notable investors submit their 13F filings to the SEC, disclosing to the public many of their long equity positions in U.S. stocks as of the end of the quarter. We track these filings in our database, allowing us to use the included information to develop investing strategies; we have found, for example, that the most popular small cap stocks among hedge funds generate an average excess return of 18 percentage points per year;learn more about imitating hedge funds’ small cap picks.
Investors can also look through 13Fs for stocks that top managers like, including those, which are new, compared to the previous filing and therefore could be taken as somewhat fresher picks. Here are the five largest positions by market value, which billionaire Dan Loeb’s Third Point;see the full filing on the SEC’s website,initiated between January and March of this year or see a history of the fund’s 13F filings:
Virgin Media Inc. (NASDAQ:VMED)
One of the fund’s largest holdings overall was its stake of 11 million shares in
Tiffany & Co. (NYSE:TIF)
The best of the rest
Third Point reported a position of 2 million shares in B/E Aerospace Inc (NASDAQ:BEAV), a $6.6 billion market cap provider of aircraft interior components such as seats and hospitality equipment. This stock is also priced for growth- specifically, it trades at 25 times trailing earnings- but business has been strong according to recent reports.